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Tax saver fixed deposit

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Querist : Anonymous

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Querist : Anonymous (Querist)
30 March 2013 Dear Expert,

My colieagues tax saving purpose (FY 2012-13) Fixed deposit of Rs.43000 in Bank dt 30.03.13. After a next 10 days (FY 2013-14) he cancel their FD.

Query - Pl suggest is it legal for tax purpose or any problem create.
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srinivas reddy

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srinivas reddy (Expert)
30 March 2013 According to chapter vi a he does't have any deduction

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